Apple CEO Tim Cook presents President Trump with a 24-karat gold based glass plaque:: August 6, 2025:: Washington, D.C.:: Tim Cook, Apple CEOThe new pledge raises Apple's total domestic investment commitment in the U.

Billionaire Apple CEO Tim Cook presented Donald Trump with a gaudy personalized gift boasting a 24-karat gold base as the tech giant woo’ed the president at the White House on Wednesday. Cook dropped in to the White House bearing his golden gift to announce the tech company’s extra $100 billion investment in American manufacturing as the president still waves the threat of tariffs.

Trump announced "a very large tariff on chips and semiconductors," but said that companies investing in the U.S. like Apple would be exempted.